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Guardian
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Sainsbury’s joins UK retailers’ £1bn profits club but warns of flat year ahead
- Sainsbury’s warns of flat year ahead as it faces an expected price war and rising costs.
- The supermarket group aims to maintain its competitive edge amidst increasing competition.
- Sainsbury’s saw annual pre-tax profits rise to £384m, but expects profits to decline this year.
- The company plans to cut costs, invest in automation, and continue keeping prices down.
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HinduBusinessLine
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India studying impact of US tariffs on chemicals, petrochemicals sector
- India is currently studying the impact of US tariffs on the chemicals and petrochemicals sector.
- Chemicals and petrochemicals constitute about 18 percent of India's total exports to the US.
- The tariff hike could potentially reduce chemical exports by $2-7 billion in FY26.
- The US tariffs on Chinese chemicals have raised concerns about potential dumping in the Indian market.
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TechBullion
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ElonXCat Lands on LBank: The Meme Coin That’s Taking Crypto to the Moon (and Beyond)
- ElonXCat, a new meme coin, is gaining popularity in the world of crypto due to its blend of internet culture and involvement of prominent technology figures such as Elon Musk and SpaceX.
- Operates on multiple chains including BNB, Ethereum, Polygon, Solana, and Avalanche, making it faster and more cost-effective for transactions.
- ElonXCat is now listed on LBank, a leading cryptocurrency platform, allowing global trading and support.
- The project aims for growth, exposure, and real-world use, while maintaining a fun and community-driven approach.
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Bloomberg Quint
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Six Stocks In News At Noon: Wipro, Waaree Renewable Technologies, Lupin, Sonata Software, Among Others
- Wipro's share price fell over 6% after issuing a weak revenue outlook for the June quarter.
- Lupin Ltd. gained 1.43% despite an ongoing patent dispute ruling in favor of Astellas Pharma.
- Cello World Ltd. jumped 7.37% after being upgraded to 'buy' by Kotak Institutional Securities.
- Sonata Software Ltd. fell over 14% after warning of a revenue decline from its largest client in the March quarter.
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TechBullion
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How Businesses Can Help Mend the Planet
- Businesses have historically mined natural resources for economic gain, leading to depletion of critical minerals like lithium and cobalt used in electronics and electric vehicles.
- Many mining companies prioritize profitability over environmental protection, leading to disasters like acid spills and toxic waste leakage.
- Creating a circular economy and implementing take-back programs for products can reduce waste and conserve resources.
- Companies can contribute to sustainability by developing IT asset disposition programs and incorporating environmental initiatives into their mission.
- Employees and consumers are increasingly drawn to companies with a strong commitment to sustainability in their values and practices.
- Some companies engage in greenwashing by making superficial sustainability claims without tangible actions.
- mender, an IT Asset Disposition company, pledges profits to conservation organizations and promotes employee volunteerism for environmental causes.
- By reusing resources, companies can help mend the planet and reduce the environmental impact of mining on natural ecosystems.
- mender specializes in eco-friendly IT asset disposition services, aiming to extend IT asset lifecycles through responsible recycling and resale.
- The company focuses on secure disposal, data destruction, asset recovery, and supports wildlife and land conservation efforts through financial pledges.
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TheNewsCrypto
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Cables Sets a New Standard for Onchain Community: Focusing On Utility, Ownership, and Global Liquidity
- Cables is revolutionizing the concept of 'community' in the Web3 space by focusing on genuine contribution and sustainable participation over superficial metrics.
- The Points Program by Cables rewards early contributors to drive ecosystem growth, emphasizing the importance of liquidity and utility.
- Unlike other projects, Cables brings together traders, builders, and community members to create a solid onchain economy built on long-term success.
- Cables plans to launch a decentralized exchange combining liquid staking with perpetual futures trading, offering trading and yield opportunities on global assets.
- The platform's design simplifies trading processes and attracts liquidity by creating a self-reinforcing cycle of value generation and active participation.
- Cables aims to cater to a global market, moving away from a USD-centric model to enable trading and staking across multiple currencies and assets.
- The Points Program incentivizes real participation over speculation, rewarding contributors who add meaningful value to the ecosystem for the long term.
- Cables' Liquidity Flywheel model ensures that increased user engagement strengthens the platform, improving performance and efficiency with each interaction.
- Early growth signals show strong interest in Cables, with thousands of users engaging in the Alpha Phase of the Points Program and participating in various community activities.
- Cables aims to create a truly globalized platform for users worldwide to trade, earn, and own together, setting a new standard for onchain communities.
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Bloomberg Quint
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IDFC FIRST Bank's Share Price Drops Following Fundraise Announcement
- IDFC FIRST Bank's share price fell over 4% following the announcement of a plan to raise funds from Warburg Pincus and Abu Dhabi Investment Authority.
- The bank will issue compulsorily convertible preference shares to raise up to Rs 7,500 crore from the two investors.
- The fundraising is subject to approvals and aims to scale up profitability and grow the bank's loan book by 20% annually.
- After the fundraise, IDFC FIRST Bank's capital adequacy ratio is expected to improve to 18.9% from the current 16.1%.
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Medium
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Is execution what makes up your “secret sauce”?
- Team workflows often rely on unwritten processes, making them vulnerable to AI-native competitors with structured workflows.
- Leveraging Agentic AI can enhance efficiency while preserving a company's unique processes.
- To configure successful AI workflows, defining clear goals, organizing data inputs, and mapping out business logic are crucial.
- Establishing constraints is essential for defining an AI agent's operational boundaries.
- Starting with high-frequency tasks and those with data from diverse sources are recommended for initial AI implementations.
- Error-sensitive and subjective tasks may not be ideal choices for initial AI agent deployments.
- Companies benefit from early adoption of AI technologies to evolve their capabilities and maintain a competitive edge.
- Agentic AI implementation requires continuous improvement and adaptation of processes over time.
- Early action is crucial for companies to leverage codified business processes and trial AI capabilities.
- Implementing AI technologies early allows for learning and evolution of AI capabilities for sustained competitive advantage.
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TronWeekly
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Solana News: Canada ETFs, Janover’s $10.5M Purchase – Will The Solana Price Follow Remittix’s 500% Gains?
- Solana news is on fire as big institutions and investors power its next run.
- Purpose Investments debuts first-ever Solana ETF in Canada, providing direct exposure to SOL and native staking rewards.
- Janover's $10.5M Solana purchase sends stocks soaring 883% as the company focuses on making SOL its core holding.
- Remittix (RTX), a high-growth altcoin, is gaining significant interest, posting 500% returns and competing with Solana in the cross-border payments market.
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HinduBusinessLine
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Fitch cuts India’s growth estimates by 10 bps to 6.4% amid escalating global trade war
- Fitch has cut India's growth estimates by 10 bps to 6.4% due to the escalating global trade war.
- Fitch has lowered world growth projections by 0.4 percentage points and China and US growth by 0.5 percentage points.
- World growth is projected to fall below 2% this year, marking the weakest global growth rate since 2009.
- Fitch retains India's GDP growth rate at 6.3% for the 2026-27 fiscal year.
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HinduBusinessLine
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Ayana, O2 Power acquisition drives M&A deals in Q1 2025
- ONGCNTPC Green's acquisition of Ayana Renewable Power for $2.3 billion marks the biggest M&A deal in Q1 2025.
- Banking and financial services and energy and natural resources sectors saw a significant surge in deal values, accounting for 38% of overall deal values.
- Overall M&A activity rose, with 228 deals valued at $15.8 billion, indicating a 15% increase in volumes and a 21% rise in values from the previous quarter.
- Domestic M&A transactions reached a record quarterly high, with a 72% share of volumes and a 67% share of values.
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Livebitcoinnews
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Wiki Finance Expo Johannesburg 2025: Africa’s Premier Fintech, Crypto & Forex Event!
- The Wiki Finance Expo Johannesburg 2025 is set to take place on 16 August 2025 at the Sandton Convention Centre.
- The event will focus on Fintech, Forex, Web3.0, Crypto, Equities, Payments, and AI.
- Over 10,000 attendees and 3,000 top-tier companies are expected to participate.
- The event is a must-attend for individuals in the financial technology industry.
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Bloomberg Quint
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Heavy Rains, Thunderstorms Lash Several Parts Of Himachal Pradesh
- Heavy rain accompanied by thunderstorms and hailstorms lashed several parts of Himachal Pradesh.
- Seobagh in Kullu district recorded the highest rainfall of 28.8 mm, followed by Lahaul-Spiti’s Kukumseri 23.8 mm and Narkanda 18 mm.
- The thunderstorms and hailstorms caused power outages in several areas, including Shimla where power supply was restored after nearly 10 hours.
- The weather department has issued a "yellow" alert for thunderstorms and lightning in certain areas on April 18 and 19.
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Bloomberg Quint
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Karnataka Government To Discuss, Decide On Caste Census Report In Cabinet: Kharge
- Karnataka government to discuss and decide on the Socio-Economic and Education Survey report, known as 'caste census', in the cabinet.
- Congress President Mallikarjun Kharge states that the decision will be left to the state government.
- Various communities, including Vokkaligas and Veershaiva-Lingayats, have expressed concerns about the survey and called for a fresh survey to be conducted.
- Objections have also been raised by sections within the ruling Congress.
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HinduBusinessLine
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Hero MotoCorp halts production at 4 plants to navigate supply alignment
- Hero MotoCorp announced temporary production pause at 4 plants due to supply alignment.
- The pause, from April 17 to 19, 2025, will be utilized for maintenance activities and facility enhancements.
- Production is expected to resume on April 21, 2025, without impacting the company's ability to meet retail demand.
- Hero MotoCorp remains the top player in the domestic two-wheeler segment, with over 54 lakh units sold in the last year.
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